Sky Palazzo Gurugram: Better value than other projects?
Anyone check out that video on Trinity Sky Palazzo in Gurugram? It talks about RERA records and how it was sold unofficially for ages before launch. Possession is way out in 2032, but they mentioned a buyback scheme. I'm wondering if it's actually a good deal compared to other projects around Gurugram. Seems risky tbh. Are there other places offering better value or safer investments right now?

Comments
The price point itself is a major concern. ₹5.7 Cr – ₹7.7 Cr for an upcoming project with a 2032 possession date is a huge commitment. For that kind of money, you can find ready-to-move options or projects with much shorter delivery timelines in prime Gurugram locations. It's hard to see the 'value' here, especially for someone on a budget.
I've seen this movie before. A project in Badshahpur had similar promises, high prices for an upcoming status, and a very distant possession date. Many buyers got stuck. The RERA number GGM/921/653/2025/24 confirms it's quite new, so how were unofficial sales happening? This sounds like a developer trying to fund construction from buyer money, which is super risky. Better to look at projects closer to completion, even if they are slightly more expensive upfront.
So is the RERA number active now? Because if sales happened before that, it's definitely illegal. That alone is enough to steer clear, even with a buyback offer. My friend had issues with a project in Baharampur Naya because of similar RERA-related discrepancies.
Haan, I agree with your point about checking projects closer to completion. The mental peace of knowing your home is almost ready is priceless. Waiting till 2032 is just too much uncertainty for a first-time buyer like me.
You're right about the funding part. That's a classic move. They collect money, delay the project, and then you're stuck. Total units are 348, that's a lot of potential buyers to fleece if things go south.
But what about the buyback scheme? Did anyone get details on that? Sometimes these schemes offer a safety net, especially for long-term projects. Could it make the high price and long wait worth it?
That's a good question! I heard it's usually tied to certain conditions, like if the project isn't delivered by a specific date, or at a predetermined value. It's rarely a 'get out of jail free' card. Best to get it in writing and have a lawyer review it.
Usually, these buyback schemes have so many clauses that they become useless. Read the fine print very carefully. They might offer a buyback at a fixed low appreciation, which won't even cover inflation, forget actual market value.
Yaar, 2032 possession? That's almost a decade away! With that kind of timeline and unofficial sales mentioned, my alarm bells are ringing. Plus, the price range of ₹5.7 Cr – ₹7.7 Cr for an 'upcoming' project seems super steep. Are we sure this isn't just another trap?
Sahi kaha. The market is so unpredictable right now, especially in Gurugram. Locking up such a huge amount for 10 years without clear visibility on completion or appreciation feels like a gamble. I'm also a first-time buyer and this makes me very nervous.
Exactly! Unofficial sales before RERA registration is a huge red flag. My uncle almost got burned by a similar builder near Airport Road, Gurugram side, a few years back. They promised the moon, then delayed for years.
Anyone check out that video on Trinity Sky Palazzo in Gurugram? It talks about RERA records and how it was sold unofficially for ages before launch. Possession is way out in 2032, but they mentioned a buyback scheme. I'm wondering if it's actually a good deal compared to other projects around Gurugram. Seems risky tbh. Are there other places offering better value or safer investments right now?